Question: This The demand equation for a certain product is 7p + 4q = 1500, where p is the price per unit in dollars and q

This The demand equation for a certain product is 7p + 4q = 1500, where p is the price per unit in dollars and q is the number of units demanded. (a) Find and interpret g/ 8 (b) Find and interpret - 8 8 bp (a) How is - dp calculated? O A. Use implicit differentiation. Differentiate with respect to p and assume that p is a function of q. O B. Use implicit differentiation. Differentiate with respect to q and assume that p is a function of q. O C. Use implicit differentiation. Differentiate with respect to q and assume that q is a function of p. O D. Use implicit differentiation. Differentiate with respect to p and assume that q is a function of p. Find and interpret - . Select the correct choice below and fill in the answer box to complete your choice. aq O A. dp is the rate of change of demand with respect to price. do aq dq O B. dp is the rate of change of price with respect to demand. (b) How is do calculated? O A. Use implicit differentiation. Differentiate with respect to p and assume that p is a function of q. O B. Use implicit differentiation. Differentiate with respect to q and assume that p is a function of

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5. It is the needs of the individual that are important.

6. It is what the person has previously done for the group that is the deciding factor.

3. It is the commitment you show that is the deciding factor.